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Ethena (ENA) drops 4.05% in one hour amid $560K long liquidations on Binance and others

Market News
14 Nov 2026, 18:51 WIB
Tokenpost
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Bearish
Ethena (ENA) drops 4.05% in one hour amid $560K long liquidations on Binance and others

Ethena (ENA) experienced a sharp 4.05% price drop within one hour to $0.1186 on November 14, contributing to a 12.28% decline over 24 hours. This price movement coincided with $560,000 worth of long position liquidations on major exchanges Binance, Bybit, and OKX, while no short positions were liquidated. ENA's market capitalization stood at approximately $1.6 billion, ranking it 51st by market cap at the time. The significant liquidation of leveraged bullish positions suggests increased selling pressure and volatility for ENA in the short term.

As of Nov 15, 2026 00:02 WIB, Ethena (ENA) trades at Rp2.170 on Pluang, down 12.00% over the past day. The platform shows a market cap of Rp29.33 trillion and a 24-hour trading volume of Rp6.54 trillion. Notably, 70% of Pluang users are buying ENA, with a typical hold time of 46 days, indicating sustained interest despite recent volatility.

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